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BUSINESS
November 12, 1997 | Reuters
Respironics Inc. said it agreed to acquire Healthdyne Technologies Inc. for about $337 million in a stock transaction. The deal would include the assumption of $33 million in Healthdyne debt. Respironics, which is based in Pittsburgh, also said it will take between $25 million and $30 million in related charges in the first quarter of next year, when it expects to close the deal. Healthdyne, based in Marietta, Ga., makes monitoring devices for newborns and products for respiratory disorders.
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BUSINESS
February 9, 1996
The Tokos Medical Corp. plan to merge with rival Healthdyne Inc. of Marietta, Ga., cleared a hurdle with federal regulators. The two companies, which provide home care to women with high-risk pregnancies, said Thursday that the Securities and Exchange Commission approved their proposal to merge into a new company. Shareholders of both companies will vote on the transaction March 6. Nicholas A.
BUSINESS
March 7, 1996 | JOHN O'DELL, TIMES STAFF WRITER
Shareholders of Tokos Medical Corp. and rival Healthdyne Inc. of Marietta, Ga., approved the merger of the two home health-care companies at separate meetings Wednesday. The merger is expected to close Friday and will be followed by a round of layoffs that will hit hardest at Tokos' Santa Ana corporate headquarters. The new company, to be called Matria Healthcare Inc., will have headquarters in Georgia and regional offices in Santa Ana.
BUSINESS
October 4, 1995 | Times Staff and Wire Reports
Rival Service Providers to Merge: Tokos Medical Corp. of Santa Ana and Healthdyne Inc. of Marietta, Ga., which offer similar products and home-based care for women with high-risk pregnancies, said they plan to merge later this year. The combined company would have annual sales of about $160 million. Tokos and Healthdyne executives said cost savings achieved through staff cuts and other means should enable the combined company to break into the black next year.
BUSINESS
October 4, 1995 | BARBARA MARSH, TIMES STAFF WRITER
Tokos Medical Corp. and its Marietta, Ga.-based archrival, Healthdyne Inc., said Tuesday they plan to merge later this year. The similar companies, which both posted losses last year in the business of providing home care to women with high-risk pregnancies, hope to break into the black as a combined firm next year.
BUSINESS
March 4, 1996 | Times Staff Reports
Together at Last? Shareholders of health-care industry rivals Tokos Medical Inc. of Santa Ana and Healthdyne Inc. of Marietta, Ga., will vote Wednesday in separate meetings on a proposed merger. The new company, to be called Matria Healthcare Inc., would be headquartered in Marietta. Tokos and Healthdyne, which provide home care to women with high-risk pregnancies, each employ about 1,000 people.
BUSINESS
December 6, 1995 | BARBARA MARSH, TIMES STAFF WRITER
Tokos Medical Corp. and rival Healthdyne Inc. said Tuesday that the company formed by their proposed merger will be based in Marietta, Ga. The combined company will be named Matria Healthcare Inc. The two obstetrical home care providers decided to set up headquarters in Marietta, Healthdyne's home, to be closer to business destinations on the East Coast, said Robert F. Byrnes, chairman and chief executive of Santa Ana-based Tokos.
BUSINESS
November 12, 1997 | Reuters
Respironics Inc. said it agreed to acquire Healthdyne Technologies Inc. for about $337 million in a stock transaction. The deal would include the assumption of $33 million in Healthdyne debt. Respironics, which is based in Pittsburgh, also said it will take between $25 million and $30 million in related charges in the first quarter of next year, when it expects to close the deal. Healthdyne, based in Marietta, Ga., makes monitoring devices for newborns and products for respiratory disorders.
BUSINESS
March 7, 1996 | JOHN O'DELL, TIMES STAFF WRITER
Shareholders of Tokos Medical Corp. and rival Healthdyne Inc. of Marietta, Ga., approved the merger of the two home health-care companies at separate meetings Wednesday. The merger is expected to close Friday and will be followed by a round of layoffs that will hit hardest at Tokos' Santa Ana corporate headquarters. The new company, to be called Matria Healthcare Inc., will have headquarters in Georgia and regional offices in Santa Ana.
BUSINESS
March 4, 1996 | Times Staff Reports
Together at Last? Shareholders of health-care industry rivals Tokos Medical Inc. of Santa Ana and Healthdyne Inc. of Marietta, Ga., will vote Wednesday in separate meetings on a proposed merger. The new company, to be called Matria Healthcare Inc., would be headquartered in Marietta. Tokos and Healthdyne, which provide home care to women with high-risk pregnancies, each employ about 1,000 people.
BUSINESS
February 9, 1996
The Tokos Medical Corp. plan to merge with rival Healthdyne Inc. of Marietta, Ga., cleared a hurdle with federal regulators. The two companies, which provide home care to women with high-risk pregnancies, said Thursday that the Securities and Exchange Commission approved their proposal to merge into a new company. Shareholders of both companies will vote on the transaction March 6. Nicholas A.
BUSINESS
December 6, 1995 | BARBARA MARSH, TIMES STAFF WRITER
Tokos Medical Corp. and rival Healthdyne Inc. said Tuesday that the company formed by their proposed merger will be based in Marietta, Ga. The combined company will be named Matria Healthcare Inc. The two obstetrical home care providers decided to set up headquarters in Marietta, Healthdyne's home, to be closer to business destinations on the East Coast, said Robert F. Byrnes, chairman and chief executive of Santa Ana-based Tokos.
BUSINESS
October 4, 1995 | Times Staff and Wire Reports
Rival Service Providers to Merge: Tokos Medical Corp. of Santa Ana and Healthdyne Inc. of Marietta, Ga., which offer similar products and home-based care for women with high-risk pregnancies, said they plan to merge later this year. The combined company would have annual sales of about $160 million. Tokos and Healthdyne executives said cost savings achieved through staff cuts and other means should enable the combined company to break into the black next year.
BUSINESS
October 4, 1995 | BARBARA MARSH, TIMES STAFF WRITER
Tokos Medical Corp. and its Marietta, Ga.-based archrival, Healthdyne Inc., said Tuesday they plan to merge later this year. The similar companies, which both posted losses last year in the business of providing home care to women with high-risk pregnancies, hope to break into the black as a combined firm next year.
BUSINESS
December 1, 1988 | United Press International
The sudden death of Pete Petit's infant son 18 years ago changed his life and saved untold others. The grief-stricken engineer has built a multimillion-dollar corporation dedicated to giving infants a greater chance at survival. Driven by grief and armed only with a drawing of a revolutionary product, the aerospace engineer left a high-paying job at Lockheed-Georgia to start a health-care company following the death of his 6-month-old son, a victim of sudden infant death syndrome, in 1970.
BUSINESS
March 11, 1997 | Times Staff and Wire Reports
Adeza Biomedical Corp. sued Matria Healthcare Inc., alleging that Matria has failed to comply with a contract to market its test for predicting premature births. Matria shares fell $1 to close at $4.50 in Nasdaq trading. Adeza hired Matria's predecessor company, Tokos Medical Corp., in 1991 to market and sell its fFN Elisa test. In 1996, Tokos merged with Healthdyne Inc. to form Marietta, Ga.-based Matria.
BUSINESS
December 1, 1988 | United Press International
The sudden death of Pete Petit's infant son 18 years ago changed his life and saved untold others. The grief-stricken engineer has built a multimillion-dollar corporation dedicated to giving infants a greater chance at survival. Driven by grief and armed only with a drawing of a revolutionary product, the aerospace engineer left a high-paying job at Lockheed-Georgia to start a health-care company following the death of his 6-month-old son, a victim of sudden infant death syndrome, in 1970.
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